Ajman Free Zone

AGN MAK Internation consulting can facilitate in setting up business at Ajman Free Zone, It was established in 1988 & had granted autonomous status under the Amiri decree no.3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate.

A massive multi-million Dirhams development plan on over a mission square meter area is under progress at the Free Zone, which on completion will be able to accommodate 600 companies.

Competitive Advantages:

	Cheap energy
	The most economical wage structure and easy access to vast work force Total exemptions from all import and export duties
	Total elimination of all service charges and hidden fees
	Exceptionally low handling charges
	This 20 years land contract is renewable for another 20 yrs guaranteeing 40 years tax and customs free operations
	Low lease prices
	World-class infrastructure
	Lowest tariffs in the region

Facilities offered	Office units Minimum 16 m2		Warehouse / light industrial units (225/360/540/560m2) (257/330m2) (new)		Plot of land (Minimum 2,000 m2)
Rental per annum	US$ 7,500 (AED 27,500)		US$ 68.20 (AED 250) Sq. mtr		US$ 2.73/m2 (AED 10)
Lease period	One year, annually renewable		One year, annually renewable		20 years, renewable for similar period
Possible legal entities	Branch of a foreign company Including offshore company		Branch of a UAE company	Free zone establishment FZE	Free zone company FZC
Capital cash physical	None		None	US$ 50,000 (AED 185,000)	US$ 50,000 (AED 185,000)
No of shareholders				One	Minimum 2 Maximum 20
Formation fee	None		None	None	None
Types of license issued	Trading		Professional / Service	Industrial	National industrial
License fee	General trading: One activity Two activities Three activities	US$ 1,909 (AED 7,000) US$ 818(AED 3,000) US$ 1,091 (AED 4,000) US$ 1,364 (AED 5,000)	US$ 1,364 (AED 5,000)	US$ 1,909 (AED 7,000)	US$ 1,909 (AED 7,000)
Business Segments	Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities.
Port facilities	Ajman Port (Feeder vessel), ports in Sharjah, Ports in Dubai.
Visas	5 visas of office unit. However, no restriction for industrial / assembly units operating in pre-built warehouse and leased land as required for the activity.
Company formation period	3-4 days
Other info	Manager of a company must hold free zone visa.